I just looked into which currencies are struggling the most worldwide. Fascinating and at the same time frightening how much some countries are battling with their currencies.

The Iranian Rial is definitely at the top of the list of the weakest currencies in the world — one Rial is worth just $0.000024. Crazy, right? Sanctions, political instability, and inflation have pushed the country into a real crisis. The situation is similar with the Vietnamese Dong (0.000041 USD). Despite economic growth there, foreign investment restrictions and weak exports are weighing down the currency.

Sierra Leone is also fighting hard — the Leone is at $0.000048 per unit. The country is still recovering from the Ebola outbreak. The Laotian Kip (0.000049 USD) and the Indonesian Rupiah (0.000064 USD) are also among the weakest currencies in the world. While Indonesia is the economic leader in Southeast Asia, high inflation and recession fears are pressuring the Rupiah. Laos is growing, but the combination of inflation and foreign debt is just too much.

Interestingly: some of these countries actually have potential, but the structural problems are simply too big. If you want to know which is currently the weakest currency in the world, the Iranian Rial definitely leads the list. It just shows how much sanctions and economic instability can impact a nation.